Adelis Equity Partners

Adelis Equity Partners AB is a private equity firm specializing in lower-mid market and buyout investments. The firm focuses on organic and acquisition-based growth investments in niche industrials, retail, life science, consumer, healthcare and medical technology, and business service sectors in Nordic region. It seeks to invest in companies having revenues between €25 million ($33.59 million) and €400 million ($537.42 million) and enterprise values between €20 million ($26.87 million) and €200 million ($268.71 million). It takes a board seat in its investee firms. The firm seeks to acquire majority interests. Adelis Equity Partners AB was founded in November, 2012 and is based in Stockholm, Sweden with additional offices in Copenhagen, Denmark and Stockholm, Sweden.

Jan Akesson

Co-Founder and Co-Managing Partner

Jesper Bahlke

Investment Professional

Gustav Bard

Co-Founder and Senior Partner

Philip Enckell

Investment Professional

Jacob Frandsen

Director

Erik Hallert

Partner

Caroline Lundgaard Jensen

Investment Professional

Hanna Jängnemyr

Investment Professional

Rasmus Molander

Co-Managing Partner

Lucia Morris

Investment Professional

Jørgen Møinichen

Investment Professional

Hampus Nestius

Associate Director

Henri Nurmela

Investment Associate

Joel Russ

Co-Managing Partner

Johan Seger

CFO

Adalbjörn Stefansson

Partner and Head of Investor Relations

Lene Sandvoll Stern

Director

Elisabeth Dreijer von Sydow

Associate Director

Steffen Thomsen

Senior Advisor

John-Matias Uuttana

Investment Professional

Jakob Wedenborn

Investment Professional

Martin Welna

Partner

Owe Xie

Investment Associate

Dimitri Yakupov

Investment Professional

Jan-Olof Åkesson

Co-Founder, Co-Managing Partner and Partner

42 past transactions

Mobilhouse A/S

Merger/Acquisition in 2019
Mobilhouse A/S constructs portable cabins, modules, and pavilions for the construction industry. The company constructs classrooms and modular units; accommodation, institutional, and office portables; welfare units, dining and office units, bath/toilet units, and containers; and mobile houses, crew carts, environmental carriages, dinner and office trailers, toilet and bathing carts, office modules, classrooms, kindergartens, system modules, core modules, and miscellaneous. It also rents accessories/equipment, such as drainhose w/el-tracing, drainpipes, drainhoses, toiletpumps, eectric-kables, tables, seng m/madras, chairs, trailerlocks, staircases, waterhose w/el-tracing, waterhoses, and airconditioning/heaters. The company was founded in 1961 and is based in Fredericia, Denmark.

GENERAXION

Merger/Acquisition in 2018
Søgemedier is a nationwide media agency, with offices in Aarhus and Copenhagen. They specialize in optimizing small and medium business marketing, so they get the most power out of their marketing budget. Their business advisers have an overview of what marketing channels, your business should take advantage of. Their advice is impartial - they get no commission from ad providers! They find the solution that is best for your business. They negotiate your contracts with external partners and ad providers, or provide a proposal for what their media house can offer you the online marketing.

Roister Marketing Oy

Merger/Acquisition in 2019
Roister Marketing Oy provides marketing agency services in Finland. The company offers services in the areas of growth strategies, digital ecosystems, brand experience, and data-smart marketing. Roister Marketing Oy was formerly known as Mediakolmio Oy. The company was founded in 1995 and is based in Lappeenranta, Finland with additional offices in Helsinki and Joensuu, Finland.

Quattro Mikenti Group Oy

Acquisition in 2017
Quattro Mikenti Group offers HVACE as well as sprinkler installation services in Finland and Russia. The group consists of 13 specialized subsidiaries and is one of the largest technical building services contractors in Finland. The group employs over 450 technical building services specialists.

Puuilo

Acquisition in 2015
Puuilo Oy owns and operates a chain of discount retail stores. It sells tools, machinery, detergents, and various seasonal products, do-it-yourself/renovation related products, tools, car accessories, garden supplies, pet food and supplies as well as household goods. The company was founded in 1982 and is based in Kajaani, Finland.

Logent

Acquisition in 2013
Logent Holding AB offers logistic services in Sweden. It provides services, such as contracting and site solution, consultancy services, customs services, port and terminal development, staffing solution, training, and IT system for logistic sector. The company was founded in 2006 and is headquartered in Stockholm, Sweden with additional office in Lillestrøm, Norway.

KlarPris

Merger/Acquisition in 2020
Klarpris A/S develops a purchasing and supplier management platform for construction industry. The company’s platform is a digital purchasing tool that helps installers create an overview of their material purchases and the related administrative processes. It serves manufacturers and suppliers. The company was founded in 2013 and is based in Copenhagen, Denmark.

Kanari

Merger/Acquisition in 2020
Kanari provides information technology (IT) performance solutions. The company offers stability and performance analytics services focusing on monitoring, measuring, and analyzing performance across the IT value chain; and application performance monitoring services. It serves large Nordic enterprises across multiple business sectors, including finance, manufacturing, retail, and energy. Kanari was formerly known as Red Ocean Technology AS and changed its name to Kanari in August 2020. The company was founded in 2011 and is based in Oslo, Norway with additional offices in Strand, Sweden; Copenhagen, Denmark; and Helsinki, Finland.

Nordomatic AB

Merger/Acquisition in 2016
We are a Swedish company founded in 1967 and was the first in Sweden with the idea to offer brand-independent solutions to the real estate market. This pioneering spirit, we are building ever further on with the help of our expertise and curious people.

Knightec AB

Merger/Acquisition in 2017
Knightec AB, an engineering consulting company, provides services in the areas of product, production, and business development. It offers business development services, such as strategic business planning, business assessments and analyses, process development and process management, business management systems, quality and environmental audits, attitude changes and competence development, lean, and training services. The company also provides production development services, including process development, validation, quality assurance, structural engineering, automation, flow analysis, production engineering, logistics, special machines, assembly equipment, version management, and modularization services. In addition, it offers product development services, such as project management, industrial design, testing and verification, integrated system, electronic design, mechanical design, calculation and optimization, prototype development, and support and maintenance services. The company serves medical devices, packaging, defense, vehicles, and industry sectors. The company was founded in 2002 and is based in Örnsköldsvik, Sweden. Knightec AB operates as a subsidiary of Fiorinon Ab.

SSI Diagnostica

Acquisition in 2016
SSI Diagnostica was previously an independent business unit under Statens Serum Institut (SSI) in Denmark, a public enterprise under the Danish Ministry of Health. Since 1998, it has developed, produced and sold in vitro diagnostica for clinical microbiology, veterinary diagnostics, food, environmental and hygiene control to the home market as well as abroad. Its products are sold worldwide and encompass antisera and culture media from its own production plant in Hillerød, Denmark, as well as blood products from its own farm.

Defiso Media AB

Merger/Acquisition in 2018
Defiso Media AB provides search engine optimization services to small and medium-sized enterprises delivered through the company’s landing pages. The company was founded in 2010 and is based in Stockholm, Sweden.

MarkkinointiAkatemia MAK Oy

Merger/Acquisition in 2018
MarkkinointiAkatemia MAK Oy provides digital marketing services including consultation, search engine optimization, Google AdWords, websites, e commerce solutions, and Facebook advertising. The company was founded in 2013 and is headquartered in Tampere, Finland.

INTERSPORT Sverige AB

Acquisition in 2015
INTERSPORT Sverige AB owns and operates sports apparel and equipment stores. The company was founded in 1974 and is headquartered in Taberg, Sweden.

AddPro

Merger/Acquisition in 2017
AddPro offers application and cloud integration services. AddPro is a fast growing knowledge-based company that builds digital highways and develop smart, flexible and cost-effective IT systems.

Valamis

Acquisition in 2020
Valamis Learning Experience Platform is an award-winning solution developed in cooperation with our customers. Valamis enables formal, informal, social, and microlearning, content authoring and management tools. Valamis gives users an access to in-depth analytics in their learning process by supporting the xAPI standard and a built-in Learning Record Store (LRS). The platform offers organizations an economic way to upskill their workforce and manage learning and development globally.

Kanari

Acquisition in 2020
Kanari provides information technology (IT) performance solutions. The company offers stability and performance analytics services focusing on monitoring, measuring, and analyzing performance across the IT value chain; and application performance monitoring services. It serves large Nordic enterprises across multiple business sectors, including finance, manufacturing, retail, and energy. Kanari was formerly known as Red Ocean Technology AS and changed its name to Kanari in August 2020. The company was founded in 2011 and is based in Oslo, Norway with additional offices in Strand, Sweden; Copenhagen, Denmark; and Helsinki, Finland.

Nordentic AB

Acquisition in 2017
Nordentic is at the leading edge in implementing new technologies and materials, and from its experienced team, the Company delivers the highest level of expertise across all different areas of dental prosthetics.

GENERAXION

Acquisition in 2018
Søgemedier is a nationwide media agency, with offices in Aarhus and Copenhagen. They specialize in optimizing small and medium business marketing, so they get the most power out of their marketing budget. Their business advisers have an overview of what marketing channels, your business should take advantage of. Their advice is impartial - they get no commission from ad providers! They find the solution that is best for your business. They negotiate your contracts with external partners and ad providers, or provide a proposal for what their media house can offer you the online marketing.

Med Group

Acquisition in 2014
Med Group Oy is a healthcare company that provides ambulance, medical, oral healthcare, and home care services in Finland. The company offers ambulance and paramedic services that include responding to emergency medical care requests forwarded to by the emergency response center, as well as providing non-emergency paramedic services and patient transfers; and medical services for various fields of health care, such as basic health care, school health care, maternity clinics and child health care, home care, and care for elderly patients.

Hantverksdata

Acquisition in 2018
Hantverksdata Sverige AB develops and supplies software and services for construction and service sectors. It develops management software for electrical, plumbing, painting, and glass industry. It also provides industrial solution in the form of alarms, flooring, sheet and vent, cold, and lift. The company was founded in 1971 and is based in Danderyd, Sweden.

Ordrestyring.dk

Merger/Acquisition in 2018
Ordrestyring.dk provides order management services. The company was founded in 2011 and is based in Copenhagen, Denmark.

IT Relation Front-data Group

Acquisition in 2016
The combination of IT Relation, Front-data and DSI-NEXT, we have made four investments and three add-on acquisitions in Denmark since establishing Adelis less than three years ago. We are impressed by the three companies’ niche focus on small businesses, their consistent growth, and their strong cultures that make them leaders in this industry,” said Steffen Thomsen of Adelis. “This acquisition creates a strong platform for growth. We have experience with similar companies where we have focused on finding the best platform in terms of a scalable business model combined with a strong company culture and a skilled management team,” Joel Russ of Adelis added. ###The three businesses will continue activities under their own brands as part of the IT Relation Front-data Group### and have access to capital and knowledge that will make it possible to accelerate their positive business development.

Nordomatic AB

Acquisition in 2016
We are a Swedish company founded in 1967 and was the first in Sweden with the idea to offer brand-independent solutions to the real estate market. This pioneering spirit, we are building ever further on with the help of our expertise and curious people.

RopoHold Oyj

Merger/Acquisition in 2019
RopoHold Oyj, through its subsidiaries, provides invoice lifecycle management services for various companies in Finland. Its services covers the life cycle of receivables, including invoice submission, management of accounts payable and receivable, control of accounts receivables, and financing. The company was founded in 2016 and is based in Kuopio, Finland.

Ordrestyring.dk

Acquisition in 2018
Ordrestyring.dk provides order management system for craftsmen. In 2011, Carsten Rasmussen founded Ordstyryring.dk. One man got a handful of customers who were willing to use the new program, even though it was still under development. The project took off speed, for Carsten Rasmussen sensed that the craftsmen were in need of an hourly management system.

Arcusys Oy

Merger/Acquisition in 2020
Arcusys Oy develops digital learning solutions. It offers Valamis, an open source learning solution that enables formal, social, and informal learning; Liferay portal solutions that enable the implementation of multidimensional solutions without extensive solution implementations; and eService solutions that allow citizens to monitor the handling and progress of their official matters. The company also provides system development services, including e-service solutions, e-business, online shopping, data protection, responsive Web sites, industrial Internet applications, and eLearning solutions; system integration solutions; online communications training services; and consulting services. Arcusys Oy was founded in 2003 and is based in Joensuu, Finland with additional offices in Oulu, Helsinki, Lappeenranta, London, Petrozavodsk, and Boston.

Axentia Technologies

Acquisition in 2020
Axentia Technologies AB manufactures and supplies autonomous real time display systems for public transport. It offers iBus display provides real-time information services; iBus display accessories, such as text-to-speech, and digital timetable; iBus System Solution; and iBus Datasheets. The company was founded in 2004 and is based in Linköping, Sweden.

Ropo Capital

Acquisition in 2019
Ropo Capital a company buys its goods or services for its money, the company in addition to the company in addition to the whole society. Our job is to take care of billing companies as a whole. Our competitors handle only one aspect, such as payment controls. We handle everything. So far, our name has been the Trust Capital. Now, our range of services expands and we can automate the entire life cycle of the bill. We are stronger and more stable, but still as agile as before. Our client companies are small and the country's largest. Our new name is Ropo. We are changing the whole industry and creating a new time for billing. We are the first agile operating model for our customer companies. They help minimize manual work, speed up cash flow and improve customer experience. Our solutions include human-based services, skilled staff and efficient digitization of processes. We will help businesses and society remain vital in the future.

Säkra AB

Merger/Acquisition in 2019
Säkra AB provides insurance broking services. It provides brokerage services for property and causality insurance, life insurance, pension, and savings. Säkra AB also provides financial advisory services to private individuals, business owners and the public sector. The company was founded in 1985 and is headquartered in Stockholm, Sweden.

Didriksons

Acquisition in 2018
Didriksons AB manufactures and supplies oil garments and functional clothing. It offers sets, tops, bottoms, coveralls, and accessories for women, men, youth, and kids. The company offers its products for various customers that include hunters, golfers, active people, and fishermen. It sells its products through stores in Sweden. The company was founded in 1913 and is based in Borås, Sweden.

Puuilo

Merger/Acquisition in 2015
Puuilo Oy owns and operates a chain of discount retail stores. It sells tools, machinery, detergents, and various seasonal products, do-it-yourself/renovation related products, tools, car accessories, garden supplies, pet food and supplies as well as household goods. The company was founded in 1982 and is based in Kajaani, Finland.

Hantverksdata

Merger/Acquisition in 2018
Hantverksdata Sverige AB develops and supplies software and services for construction and service sectors. It develops management software for electrical, plumbing, painting, and glass industry. It also provides industrial solution in the form of alarms, flooring, sheet and vent, cold, and lift. The company was founded in 1971 and is based in Danderyd, Sweden.

Quattro Mikenti Group Oy

Merger/Acquisition in 2017
Quattro Mikenti Group offers HVACE as well as sprinkler installation services in Finland and Russia. The group consists of 13 specialized subsidiaries and is one of the largest technical building services contractors in Finland. The group employs over 450 technical building services specialists.

SSI Diagnostica

Merger/Acquisition in 2015
SSI Diagnostica was previously an independent business unit under Statens Serum Institut (SSI) in Denmark, a public enterprise under the Danish Ministry of Health. Since 1998, it has developed, produced and sold in vitro diagnostica for clinical microbiology, veterinary diagnostics, food, environmental and hygiene control to the home market as well as abroad. Its products are sold worldwide and encompass antisera and culture media from its own production plant in Hillerød, Denmark, as well as blood products from its own farm.

Knightec

Acquisition in 2017
Knightec provides technology and management consultants, looking for innovations that simplify and improve everyday life.

DSI-NEXT A/S, Front-data Danmark A/S and IT Relation A/S

Merger/Acquisition in 2016
DSI-NEXT A/S, Front-data Danmark A/S and IT Relation A/S represents the combined operations of DSI-NEXT A/S, Front-data Danmark A/S, and IT Relation A/S. DSI-NEXT A/S develops and delivers IT solutions that support the company’s existing business processes and integrate existing IT systems with new ones. Front-data Danmark A/S provides IT hosting services. IT Relation A/S provides Information Technology (IT) hosting, outsourcing, and consulting services. DSI-NEXT A/S, Front-data Danmark A/S and IT Relation A/S are based in Denmark.

NGI A/S

Acquisition in 2014
NGI A/S manufactures a range of machine feet in stainless steel and reinforced polyamide for adjustment, stabilization, and vibration absorption of all types of machines and equipment.

AddPro

Acquisition in 2017
AddPro offers application and cloud integration services. AddPro is a fast growing knowledge-based company that builds digital highways and develop smart, flexible and cost-effective IT systems.

Didriksons

Merger/Acquisition in 2018
Didriksons AB manufactures and supplies oil garments and functional clothing. It offers sets, tops, bottoms, coveralls, and accessories for women, men, youth, and kids. The company offers its products for various customers that include hunters, golfers, active people, and fishermen. It sells its products through stores in Sweden. The company was founded in 1913 and is based in Borås, Sweden.

Green Team Group

Acquisition in 2014
Green Team Group offers christmas tree seedling and decoration services.